DWF Labs Expands to U.S., Invests $25M in Trump-Backed WLFI for USD1 Stablecoin Governance

DWF Labs, a prominent crypto market maker and Web3 investment firm, has announced its expansion into the United States with the opening of a new office in New York City. This move is part of DWF Labs' broader strategy to enhance its global presence and engage more directly with the U.S. market.

In conjunction with its U.S. expansion, DWF Labs has made a significant investment of $25 million in World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by the Trump family. This investment includes the purchase of WLFI governance tokens, positioning DWF Labs to play a role in the project's governance and support the development of the USD1 stablecoin.

The investment in WLFI is aimed at supporting the development and liquidity of USD1, a forthcoming stablecoin that will be backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents. DWF Labs plans to leverage its extensive trading infrastructure to provide liquidity for USD1 across both centralized and decentralized platforms, thereby taking a governance stake in WLFI.

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